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A slackening of resolve as carbon emissions reach a peak in 2022.

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Price rise of 3.7% in Japan and central bank plans to increase rates further in 2023.

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US sending signals of 'very strong talks'  with Iran delaying attack for 5 days March 23 2026.

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Housing markets in US that went up with jump in demand during the pandemic, markets in Nashville, Austin, Phoenix, are now in downswing. Migration patterns turbocharged by the pandemic are now fading. Overbuilding, slowing in population growth and lack of affordability are creating  vacant office space, and unsold single family homes. From 2020 to 2022 Austin house prices jumped by 60% with very low borrowing costs,, now in 2024 they are down 11% from the peak in 2022. Demand  dropped with a surge in interest rates creating unaffordability. By 2023 home sales reached a 30 year low. even today Austin homes are seen as 35% overvalued as home prices increased at over twice the rate of per capita incomes of 22%.

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US trade deficit of $46 billion with India and DJT call to buy oil and gas from the US, to shift away from purchases of $50 billion of oil from Russia, of 2 million barrels a day. India only imported $1 billion of oil from Russia in 2020 and this is a call from the US to India to stop financing Russia's increasing air attacks on Ukraine in August 2025. For India this oil came at $70 a barrel when prices were around $90-$100 a barrel in 2022-2024. In 2025 oil prices are at $60 a barrel, and even if prices increase to $70 a barrel India can make the shift. US and Germany, the EU, Britain which seek negotiated end to the war in Ukraine will continue to pressure India in 2025. Russia could shift some of the oil to other places but the huge demand from a country India's size will not then be seen as a factor in prolonging the war. India needs to think ahead for the next 20 years and its goal of modernization by 2047 like China has done in 2000-2020. And not get into a nationalistic mode that may not be in the best interests of the Indian people seeing that this may serve the interests of all nations including Russia to phase out this European war. ...

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Cem Ozdemir, Baden-Wurttemberg State Premier, with roots in Turkey born in Stuttgart area (parents came to Germany in the 1960's). Cem Ozdemir is exceptional in his popularity in an affluent German state. The 2026 state election campaign was run with focus on Ozdemir, and he did well in his debate with the CDU leader in the state. He led his party to over 30% of the vote. A third of working class voters gave the AfD their vote and it made it to 19% of the vote. The CDU came in second with a half percentage point below the Greens at 29.5%. Ozdemir was pre school educator and has a degree in psychology before he joined the Greens party. Under Chancellor Schroeder he was domestic spokesperson, and under Chancellor Scholz in 2024 he was Agriculture Minister.

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Jens Thurau writes about a holiday trip to Fohr on the Wadden Sea on north German coast from Berlin by rail, on Deutsche Bahn, July 27 2025. Thurau writes about the travails of DB, the sudden announcements that the train is headed in another direction, having to get off and catch a regional train. On the return trip the train making a stop when sheep cause rail delays on the rail line further up, the train canceled an having to take aintercity regional express to Berlin. The employees struggle too as the conductor on the return trip offers vouchers from DB to passengers and his apologies. Many DB employees having to deal with customer complaints are planning to leave.  Next trip Jens plans to drive to Fohr.  DB has suffered for years with lack of investment on the 2800 mile rail network. Thanks to chancellor Merkel who never gave priority to such investment and who Jens says called the internet "uncharted territory" in 2013, the digital part of the German economy and DB, along with infrastructure has also suffered. The Scholz coalition promised but failed to deliver on infrastructure with opposition from FDP finance minister Lindner. Only in 2025 has the new coalition of Merz with SDP has the constitutional provision limiting infrastructure spending of Merkel been removed, and DB put on the way to modernizing German rail connections starting with the Berlin Hamburg line. ...

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Ohio senator J.D. Vance is chosen by Trump as his running mate. He came to know Trump Jr. in 2021 and the two are shown to be close. He was elected Ohio Senator with Trump's endorsement. His thinking and style is similar to the former president which may have led to his choice over Marco Rubio of Florida and Borghum of North Dakota. How well known is he in Michigan or Wisconsin, and how much support can he draw in those two states with his energy on working class issues when Michigan and Wisconsin have Democratic governors who are strong on working class issues and union support, remains to be seen.

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Starting in May 2023 one could catch a Eurostar sleeper train from London's Kings Cross St Pancras to Berlin with a change in Brussels for 109 euros. This gets you into Berlin for breakfast after a nights sleep on the sleeper train. The service will extend to Dresden and Prague by Dec 2023.

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Project 2025, originating at the Heritage Foundation, most dangerous idea similar to abolishing Social Security is to consider abolishing the US Federal Reserve. Why? Because the Fed was established to avoid banking panics and setup a sound banking system, a sound economic system. It suggests unravelling solutions that were developed after one hundred years of experience gained by US that has made the period since 1950 the least crisis prone compared to prior to Fed's formation in 1913.  Mr. Trump himself said in 2022 that the Heritage Foundation will "lay the groundwork and detail the plans" for what our movement will do, according to the WSJ report." It has become a matter of huge controversy with plans for outright attacks on the civil service, a blueprint of plans to shut down important government agencies such as the Education Department, Department of Homeland Security, and affect the functioning of the government of the United States in accordance with the Constitution.  The most radical is to change the financial system of the US that evolved from the Great Depression and previous economic crises since 1900 that led to the formation of the US Federal Reserve as the central bank that monitors aspects of the economy such as inflation and unemployment. Project 2025 says consider abolishing the US Federal Reserve and replace it with 'free banking' that does not control interest rates or the supply of money. These are untested ideas but more significant is the fact that it is the US Fed that under different presidents has taken the lead in managing the economy when a crisis happened. President Woodrow Wilson signed into law the founding of the US Fed, and its regional Fed system with a. supervisory board in Washington on Dec 23, 1913. Before the Fed the US currency was printed by individual banks and inflation or the economy could not be controlled. This led to banking panics the last in 2007, with great loss to the working people and families of America. It is unthinkable today that individual banks not the central bank the US Fed would issue US currency dollar banknotes. Yet it is just this kind of radical Barry Goldwater type of idea that is being put forward in Project 2025 that is written for a future administration running the country. ...

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US Supreme Court to take up questions of abortion and of January 6 in relation to the presidential election in 2024.

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India's wheat output in 2023 looks to supplement output in Argentina, Canada, Russia and other countries to makeup for a shortfall in Ukraine's production. This will lead to lower prices and ease food shortages in other parts of the world.

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Improvement in the managing of India's trade deficit with China. Merchandise exports from India to China increased from $11.93 billion in 2014-2015 to $21.6 billion in 2021-2022, an increase of 78% over the last 6 years. Imports from China from $60.41 billion in 2014-15 to $94.6 billion in 2021-2022. The trade deficit with China during 2021-2022 is at $73.31 billion compared to $44.03 billion in 2020-2021. Most of the goods imported from India were in equipment and intermediate parts to meet the needs of electronics, telecom and power sectors in India. 

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Under Project 2025, a blueprint for the first 100 days of a Trump second term-A middle class family with 100,000 in income a year and two children would pay extra $2600 additional federal income tax, whereas it gives a $325,000 tax cut for a married couple with 2 children making more than $5 million a year in income. On project 2025, the blueprint for the first 100 days in office of a Trump second term, the action items are ones that would jeopardize the safety of American institutions that were set up with so much care by Thomas Jefferson, John Adams, and nurtured by the first president George Washington with little attention to himself, and protected by president after president through civil war under Abraham Lincoln, through 2 World Wars and The Great Depression under Woodrow Wilson and Franklin Roosevelt, through recovery under Harry Truman and Ike, only to falter under a series of mediocre presidents Reagan, Clinton, Bush, Obama and be endangered by a NBC television show and construction business person with support from new social media networks that were unknown throughout America history till 2010 and television networks that had degenerated into recklessly divisive behaviours to win silo audiences.    ...

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Democrats voice their opinions on president Biden's run for president in 2024. Most Democrats say they back Mr. Biden and Mr. Biden has pushed through a program that is already changing America and preparing it for a better future. Yet a bias against age remains though both candidates are divided by a mere 3 years with Mr. Biden following a healthier health routine and nutrition than Mr. Trump according to reports. It is still a year before the 2024 election season and Mr. Biden is now taking his case to the American people on the question of democracy, the values and principles that have to be upheld and which are being challenged. Major changes are taking place for new infrastructure, for climate change that never happened before and president Biden and his team are taking this before the American people. 

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For the first time since 2020 China will open up to foreign tourists. The pandemic had a severe effect on the interaction of foreigners with China.

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Puerta Vallarta and American expatriates 2026. WSJ reports in Feb 25, 2026 that most of the Mexican states and the Cancun, Tulum, Puerta Vallarta and other coastal tourist areas are controlled by different drug cartels. 

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Signs of Bavarian support for Ukraine in the German Evald Von Kleist award given to Ukraine in Munich, Feb 2026 (backdrop to MSC).

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Domestic athletic brands replace Nike in China for 2 billion feet by 2026, with better quality and national sentiment helping local brands.

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COP30 Belem, Brazil- in the absence of the US the meeting of Merz, Macron, Lula, Starmer and Chinese leaders is critical to keep the climate change fight alive in 2025. A spectacular setting where the Amazon river meets the Atlantic at Belem on the coast of northern Brazil in the state of Para.

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New German chancellor Merz's personal popularity is hitting new lows in April 2025 even before a new government takes charge in Germany. Merz speaks understandably 60%, trustworthy 21%, strong leader 40%, results of Stern magazine survey April 2025. In a fragmented scene for political parties Merz takes office as the Ukraine war continues, and new tariff challenges are raised by the US for German exports.